Shocked by Trump’s trade war, foreign investors are selling U.S. government bonds, long the world’s safe haven.

© Jason Andrew for The New York Times

Economists warn that enacting tariffs at a time of persisting price pressures is a risky move.

The Treasury Department has also eliminated the option of buying as much as $5,000 in extra inflation bonds, beyond the $10,000 annual limit.

Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed remedies still differ radically.

Fears of inflation and more debt are already making borrowing more expensive.

Our columnist suggests how to think about stocks and bonds during a presidency that is signaling a deep devotion to profits.

Stronger-than-expected data on the labor market has added to clues that the economy continues to run at a solid pace, amplifying fears about stubborn inflation.

The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.